Prysmian – 1H 2024 Integrated Results

Prysmian Group

Prysmian: solid profitability and upgrade to FY2024 guidance

 

  • ADJ. EBITDA STOOD AT €869 MILLION, WITH THE MARGIN AT 11.1%
  • SOUND IMPROVEMENT IN TRANSMISSION; ADJ. EBITDA MARGIN ROSE TO 13.8% (11.6%, 1H23), WITH EXCELLENT ORGANIC GROWTH (+9.5%)
  • STRONG MARGIN CONFIRMED IN POWER GRID AT 13.2% (10.2%, 1H23), THANKS TO GRID ENHANCEMENT IN NORTH AMERICA & EMEA